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primary deficit, then the budget will restrain demand growth in the economy. By contrast, with a high structural primary deficit, the budget will boost demand

of the fiscal rule, the size of the budget deficit, taking into account parameters of regional budgets, and the sources of financing the deficit. As

Precious Metals-Denominated Budget Funds in Accounts of Credit Institutions1 (millions of rubles) of which Date Total regional and local federal budget funds other budget funds

becoming increasingly interested in financial products, financial strategies, and personal and family budgeting principles. Today, we are choosing a new financial culture capital from among

lending from the general government sector of 4.6 trillion rubles. The budget deficit was financed mainly through domestic borrowings and resources from the National

forecast assumes a deficit of the consolidated budget over the entire horizon. None of the analysts expects a budget surplus, while the variance of opinions

A larger budget deficit and the emergence of second-round effects associated with the structure of budget revenues and expenditures. A deviation of actual budget revenues

A larger budget deficit and the emergence of second-round effects associated with the structure of budget revenues and expenditures. A deviation of actual budget revenues

was smaller because the FT deposited a significant amount of temporarily available budget funds with banks back in December.3 • The average structural liquidity deficit

decline in January, partly because companies actively repaid their obligations after receiving budget funds in December. The contribution of fiscal operations also dropped. All these